805 Summit Ave Lake Forest, IL 60045
Estimated Value: $1,165,965 - $1,500,000
4
Beds
3
Baths
2,536
Sq Ft
$498/Sq Ft
Est. Value
About This Home
This home is located at 805 Summit Ave, Lake Forest, IL 60045 and is currently estimated at $1,263,491, approximately $498 per square foot. 805 Summit Ave is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 12, 2015
Sold by
Schreiber David G and Schreiber Jennifer W
Bought by
Marett Taylor James H and Marett Taylor
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Outstanding Balance
$449,429
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$814,063
Purchase Details
Closed on
Jul 20, 2007
Sold by
Peterson Matthew and Peterson Melody
Bought by
Schreiber David G and Schreiber Jennifer W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 2001
Sold by
Dempsey John R and Dempsey Therese
Bought by
Peterson Matthew and Peterson Melody
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 9, 1996
Sold by
Cordell John S and Cordell Cyndy B
Bought by
Dempsey John P and Dempsey Tehrese A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
8%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marett Taylor James H | $985,000 | Ct | |
| Schreiber David G | $800,000 | Fort Dearborn Land Title | |
| Peterson Matthew | $650,000 | Lawyers Title Pick Up | |
| Dempsey John P | $495,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marett Taylor James H | $591,000 | |
| Previous Owner | Schreiber David G | $400,000 | |
| Previous Owner | Peterson Matthew | $520,000 | |
| Previous Owner | Dempsey John P | $395,000 | |
| Closed | Peterson Matthew | $45,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,534 | $304,084 | $88,601 | $215,483 |
| 2023 | $14,585 | $254,830 | $74,250 | $180,580 |
| 2022 | $14,585 | $247,555 | $72,130 | $175,425 |
| 2021 | $14,178 | $245,420 | $71,508 | $173,912 |
| 2020 | $13,862 | $246,777 | $71,903 | $174,874 |
| 2019 | $13,168 | $242,247 | $70,583 | $171,664 |
| 2018 | $10,331 | $204,189 | $94,549 | $109,640 |
| 2017 | $10,155 | $200,776 | $92,969 | $107,807 |
| 2016 | $9,730 | $191,106 | $88,491 | $102,615 |
| 2015 | $9,304 | $174,433 | $83,325 | $91,108 |
| 2014 | -- | $157,133 | $74,809 | $82,324 |
| 2012 | $8,095 | $158,496 | $75,458 | $83,038 |
Source: Public Records
Map
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